After surviving the "terrible prophecies," Europe's economy must face the challenges of the war in Ukraine and trade ties with China, EU's Paolo Gentiloni says.
EU-China Trade and intra-EU Trade: Substitute or Complementary? This paper examines how EU-China trade affected intra-EU trade. The estimation shows that when a country's share of trade with China increased, its share of trade with EU partners declined. This suggests that stronger trade links...
Given that China is the world's second-largest economy and the EU is the third one, and given that we are living in a globalized world, it is imperative for both parties to keep enhancing a mutually constructive and stable relationship. Not just trade, but in every possible way such as ...
China was the EU’s second-largest trade partner in 2022behind the US, with total imports and exports reaching EUR 856.3 billion, according to data from Eurostat. This accounts for around 15.3 percent of the EU’s total trade that year. The EU had a trade deficit of EUR 395.7 billion in...
China is ready to work with the EU to further liberalize and facilitate trade and investment and safeguard the stable and smooth operation of industrial and supply chains, Gao said.■
The EU's trade deficit with China has expanded considerably and may soon surpass the US trade deficit with China for the first time. This situation has prompted the EU to change its attitude towards China. Washington welcomes this. The US government officials see the EU as a strong potential...
In this paper, the processing trade witnesses a higher surplus of percentage on current account (including the EU trade and China trade), while the surplus on capital and financial account witnesses a net inflow in FDI, a debit balance on both of the other investment and the portfolio ...
China's trade relationship with its major trade partners has seen a positive trend in the first five months of the year, including with the EU and the US, thanks to rising demand and the resilience of China's bilateral business relationships with its major trade partners, Gao Feng, spokespers...
The EU's trade deficit with China widened to $276.6 billion in 2022 from $208.4 billion a year earlier, Chinese customs data show. China said after the talks that it would be willing to take more European exports. "China hopes the EU will exercise restraint in the use ...
EU to Review Trade Ties With China